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    311 Spangler Dr Richmond, KY 40475

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    For Sale
    Contact for pricing

    1.73 Acres, Flexible Office Suites

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional commercial property, located at 311 Spangler Drive Unit 210 in Richmond, Kentucky, presents a unique opportunity for businesses seeking flexible and conveniently located office space. The property encompasses approximately 1.73 acres and offers a range of contiguous office suites, varying in size from approximately 1,491 to 5,966 square feet. Each suite boasts desirable features including private restrooms, dedicated break rooms, and well-appointed conference rooms, catering to diverse business needs. The building's strategic location provides easy access to Interstate 75 and the Richmond Bypass, ensuring seamless commutes for employees and clients. Furthermore, its proximity to a vibrant retail hub, including major retailers such as Starbucks, Meijer, Chick-fil-A, and the expansive 120-acre Richmond Center development, offers unparalleled convenience and accessibility. The property also includes a secure overflow parking lot, addressing potential parking concerns. This professional office building is an ideal choice for businesses seeking a high-quality, well-situated, and adaptable workspace in a thriving Kentucky community. The flexible floor plans allow for customization to suit various business requirements, making it a versatile option for a wide range of tenants. The combination of convenient location, ample parking, and modern amenities makes this property a truly compelling investment opportunity. The asking price is $14 million.

    Property Features for 311 Spangler Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    75,359 SF

    Building Details

    Year Built
    1980
    Location Intelligence

    Current Use by Public Records

    Kentucky River Foothills ... Social Services Organization Ky River Foothills ... Social Services Organization

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.31573
    Latitude
    37.73542

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    FAQs

    What type of property is this?
    Commercial real estate - 1.73 Acres, Flexible Office Suites
    Where is this commercial real estate located?
    The property is located at 311 Spangler Dr Richmond, KY.
    What is the asking price?
    The asking price for this property is $14.
    (859) 309-0099
    Request Owner's contact information
    311 Spangler Dr Richmond, KY 40475
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    Richmond, KY 40475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 Spangler Dr Richmond, KY 40475
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